African Markets Review 11 03 17
- In Morocco, financing companies recorded a 0.9% increase in the outstanding of consumer credit operations to MAD 49.2bn in Q3 2017 compared to the previous quarter;
- In Tunisia, ATTIJARI LEASING got the visa from the Financial Market Council regarding the issuance of a TND 20m bond loan;
- In Tanzania, the NATIONAL BANK OF COMMERCE has posted a 10x pre-tax profit increase to TZS 12.31bn in Q3 2017 compared to the same period last year, thanks to business expansion;
- Among the African Markets, the Egyptian Exchange recorded the highest daily performance (+0.68%) while the Casablanca Stock Exchange recorded the lowest (-0.65%) one.
BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.
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